Canada Pension Plan Investment Board says its fund earned 6.8% in latest fiscal year

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

CPPIB says the gains brought its net assets to $539-billion compared with $497-billion a year ago

Canada Pension Plan Investment Board says its fund, which includes the combination of the base CPP and additional CPP accounts, earned a net return of 6.8 per cent for its latest fiscal year.

The increase included $34 billion in net income and $8 billion in net transfers from the Canada Pension Plan. It added that the volatility affecting public equities during the final quarter muted returns achieved earlier in the year, while bond prices also fell in the fourth quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Congrats you gained 0$ in actual value.

So does that me a net 0 with the current inflation rate ?

Exactly the reported inflation rate!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines